Izvleček / Abstract

   

 

EKONOMSKE POSLEDICE TERORIZMA NA MEDNARODNO FINANČNO IN MONETARNO OKOLJE

 

ECONOMIC CONSEQUENCES OF TERRORISM FOR  INTERNATIONAL, FINANCIAL, AND MONETARY ENVIRONMENTS

 

dr. Vito Bobek, izredni profesor

Univerza na Primorskem, Fakulteta za management, Koper

 

Branka Ostić, študentka podiplomskega študija

Univerza v Mariboru, Ekonomsko-poslovna fakulteta

 

 

Izvleček

 

UDK: 339.7:343.326

Terorizem je postal stalnica v vseh sferah življenja, kar se je 11. septembra 2001 izkazalo ob terorističnih napadih na ZDA. Znotraj trikotnika globalizacija – gospodarstvo – terorizem sta finančno in monetarno okolje kot del ranljivega mednarodnega globaliziranega gospodarstva še posebej močno dovzetna za negativne šoke (npr. terorizem) iz okolja, ki lahko porušijo ravnovesje in vnesejo nestabilnost na trge ter omajajo zaupanje potrošnikov in investitorjev. Zahvaljujoč hitremu in odločnemu odgovoru centralnih bank, ki so največ pozornosti namenile zagotavljanju likvidnosti, je finančni sistem ohranil stabilnost in ni ogrozil temeljev gospodarstva. V članku obravnavamo dogajanja na borzah, odgovor centralnih bank, vpliv na devizne tečaje na primeru 11. septembra in se na koncu dotaknemo tudi vprašanja financiranja terorizma v povezavi s storitvami finančnih trgov.

 

Ključne besede: terorizem, globalizacija, finančno in monetarno okolje, centralne banke, finančni sistemi, borzni trgi, devizni tečaji

 

Abstract

 

UDC: 339.7:343.326

Terrorism has become omnipresent in all spheres of our daily lives, which was painfully demonstrated by the September 11th 2001 terrorist attacks in the USA. In the triangle of globalization, economy and terrorism, financial and monetary environments – as part of the vulnerable international globalized economy – are especially susceptible to negative environmental shocks (for example, terrorism). Those shocks can crush the balance and stability of markets and decrease consumer and investor confidence. Worldwide, central banks responded resolutely and swiftly to the situation at hand (by providing liquidity), and they deserve full credit for keeping the global financial system stable and for not jeopardizing the foundations of the world economy. This article deals with stock market activities, central banks’ responses, and the post-September 11th impact on exchange rates. Finally, it refers to the question of terrorism-financing in connection with financial market services.

 

Key words:  terrorism, globalization, financial and monetary environments, central banks, financial systems, stock markets, exchange rates

 

JEL: F01, F37